Stock Market Today: Dow ends higher as Treasury yields dive; jobs report eyed

Investing.com -- The Dow closed sharply higher Thursday, buoyed by a slump in Treasury yields ahead of the monthly jobs report due Friday following bets that the Federal Reserve is done raising interest rates.

The main indices on Wall Street closed substantially higher Wednesday, with the blue chip Dow gaining 220 points, or 0.7%, the broad-based S&P rose 1.1% and the tech-heavy Nasdaq climbed 1.6%.Fed chairman Powell"kept the door open for a rate hike in December and beyond, noting that the Committee is not confident they have achieved a 'sufficiently restrictive' stance, Deutsche Bank said in a note.

The unchanged decision arrived despite the recent uptick in the economy, stoking hopes that the Fed isn't likely to hike rates again.that topped Wall Street estimates on both the top and bottom lines, underpinned by growth in its key China market.in the third quarter as waning demand for its Covid vaccine led to $3.1B hit from unused vaccines, sending its shares 6% lower.

Slowing job gains, which will ease pressure on wages and inflation are expected to add to bets that the Fed isn't likely to raise rates again.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock Market Today: Dow holds gains, Treasury yields drop as Fed leaves rates unchangedLive coverage of a major day for the U.S. stock market with Treasury refunding and a Fed decision.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Stock Market Today: Dow ends higher as Treasury yields dive after Fed pauses againStock Market Today: Dow ends higher as Treasury yields dive after Fed pauses again
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Stock Market News Today: Dow Gains 400 Points; Apple, Starbucks Earnings in FocusLive coverage of stocks and financial news, including the S&P 500, Dow and Nasdaq Composite.
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

Stock Market News Today: Dow Gains 500 Points; Apple, Starbucks Earnings in FocusLive coverage of stocks and financial news, including the S&P 500, Dow and Nasdaq Composite.
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

Stock market today: Asian shares track Wall Street gains ahead of Fed decision on interest ratesAsian shares are mostly higher after Wall Street advanced to claim back some of the ground it gave up in another losing month. Tokyo's benchmark jumped 2.4%. Investors are awaiting a decision by the Federal Reserve Wednesday on interest rates. On Tuesday, the S&P 500 rose 0.6%, though it fell 2.2% in the month of October.
Fonte: AP - 🏆 728. / 51 Consulte Mais informação »

Stock Market Today: Treasury refunding, Fed decision to shape pivotal sessionLive coverage of a major day for the U.S. stock market with Treasury refunding and a Fed decision.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »